Strategist: COVID-19 pandemic scenario appears to be repeating itself
2025-04-21 21:35:26
US stocks fell again on Monday, with the Dow down 2.48%, the S & P 500 down 2.36% and the Nasdaq down 2.55%. The main reason for the sharp decline in US stocks was that US President Donald Trump stepped up his attacks on Federal Reserve Chairperson Jay Powell, raising questions about the independence of the Federal Reserve. At the same time, traders saw little sign of progress in global trade talks. As the threat intensified, the dollar also came under pressure, hitting a three-year low. Meanwhile, gold prices surged to a record high above $3,400 an ounce. Michael Green, chief strategist at Simplify Asset Management, said: "What is becoming clear is the deep conflict between the Federal Reserve and the US government. We are effectively repeating a scenario from the time of the COVID-19 pandemic, and this uncertainty has materially disrupted trade... Most expect some form of stimulus to eventually come in to offset the impact of tariffs. "
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
The dollar index fell sharply by 1.10% on the 21st.Next article：
特朗普炮轰鲍威尔，美国国债收益率涨跌互现
